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Hi Tutor,
Could you please explain me the difference between analysis and evaluation by using example? Because it is very confusing. Many thanks.
Analysis is, for example, performing a calculation; evaluation is making a judgement on the results.
For example, you could be given information about cost and production volume. Deriving fixed and variable costs would be analysis. Commenting on the results, eg that if volume is expected to be high it would be better ro have a higher cost, lower variable cost per unit would be evaluation.
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